Certified Fraud Examiner (CFE) — Question 24

The person or persons who have access to __________ are often the targets of unethical vendors seeking an advantage in the process.

Answer options

• A. Bid-splitting
• B. Sealed bids
• C. General purchasing
• D. Tailor specifications

Correct answer: B

Explanation

The correct answer is B, as sealed bids are confidential submissions in procurement and those who have access to them are at risk of being approached by dishonest vendors. The other options do not involve the same level of confidentiality and therefore are less likely to attract unethical behavior.